Dell Technologies stock: At Lang & Schwarz, Dell Technologies stock falls 3.06 percent at EUR 403.65

Published on 10/20/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho kept a USD 650.00 target on October 6, 2026. Dell Technologies stock costs EUR 403.65 on October 20, 2026, down 3.06 percent versus Xetra close.

Dell Technologies falls 3.06 percent

Dell Technologies stock fell 3.06 percent against the Xetra close on October 20, 2026.
Mizuho raised its target from USD 600.00 to USD 650.00 on October 6, 2026.
Dell Technologies stock costs EUR 403.65 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST, 3.06 percent below the Xetra close of October 19, 2026.

Dell Technologies Inc., US24703L2025, Illustration mit AI erstellt.

Dell Technologies stock (ISIN US24703L2025) was trading at EUR 403.65 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST, down 3.06 percent versus the Xetra close of October 19, 2026 at EUR 416.40. The move makes the price reaction the day's clearest signal for investors. On October 6, 2026, Mizuho raised its target from USD 600.00 to USD 650.00 and kept its Outperform rating, according to MarketScreener.

Mizuho sees USD 650.00

The Mizuho target is USD 650.00, or USD 50.00 above its previous USD 600.00 level. The October 6 action is separate from Barclays' October 14 downgrade, which cut its target from USD 603.00 to USD 574.00, according to Investing.com. That split leaves the analyst picture wide, with the Marketscreener consensus showing 29 analysts and an average target of USD 593.00.

Stock sits below its yearly high

On the Nasdaq, Dell last traded at USD 456.36 on October 20, 2026 at 10:10 a.m. ET while the session was open. The primary-exchange 52-week range was USD 110.22 to USD 595.51, and the market capitalization was USD 290.2 billion. The euro quotation and the Nasdaq quotation are separate market views and are not combined in the daily calculation.

Revenue and backlog define valuation

Dell reported fiscal second-quarter revenue of USD 46.97 billion for the quarter ended July 31, 2026, up 58.00 percent from the prior-year quarter. AI-server orders reached USD 60.90 billion and the backlog stood at USD 95.00 billion, according to Investing.com. The same report said fiscal 2027 revenue guidance was USD 192.00 billion, compared with USD 167.00 billion previously.

The next dated shareholder payment is a USD 0.63 quarterly dividend payable on October 30, 2026. Dell's fiscal third-quarter outlook calls for USD 49.00 billion of revenue and adjusted earnings per share of USD 6.50, while the cited analyst comparison was USD 41.42 billion and USD 4.49.

Comparison with peers

Dell Technologies Inc.: down 3.06 percent, price to earnings ratio 26.50, market capitalization USD 290.2 billion.
Hewlett Packard Enterprise (NYSE, USD): down 0.45 percent, price to earnings ratio 28.96, market capitalization USD 73.8 billion.
NetApp (NASDAQ, USD): down 0.11 percent, price to earnings ratio 29.22, market capitalization USD 40.7 billion.

Price remains the immediate signal

Dell Technologies stock was trading at EUR 403.65 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST, 3.06 percent below the Xetra close of October 19, 2026 at EUR 416.40. The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.